Instrument Cluster market was valued at US$ 10.11 Bn. in 2020, with a CAGR of 5.6 % for the period 2021-2027. Thanks to the growing trend of single factor authentication segment use have boosted demand for Global Instrument Cluster Market.
Instrument Cluster Market Overview:
An instrument cluster is a combination of the speedometer, fuel gauge, tachometer, and odometer. Which is situated just below the steering of the vehicle and is sometimes called a dash or dashboard. This cluster instrument enables the driver to operate the vehicle by providing important information’s like vehicle speed, fuel level, seat belt warning, tire pressure monitoring, gear shift position and check engine light, etc. types of instrument cluster available in the market are mechanical, analog and digital instrument clusters. Increasing production of electric vehicles and day-to-day advancement in the instrument cluster are driving the growth of the market. As a result, global instrument cluster market is expected to reach US$ 14.80 Bn during the forecast period.